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Income Tax - Highlights / Catch Notes

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Valuation of shares - Difference between value of share on the ...


Court Rules Share Valuation Discrepancy Not Covered by Section 48 Proviso (iv); Allotment Date vs. Warrant Price Issue.

May 25, 2013

Case Laws     Income Tax     AT

Valuation of shares - Difference between value of share on the date of its allotment and the price of warrant paid as per letter of allot - proviso (iv) of section 48 not applicable - AT

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